Turbo Energy Reports Doubled Revenue, Reduced Losses in FY2025 Amid Nasdaq Delisting Threat and Dilutive Capital Raise
TURB has more than doubled off its 52-week low of $0.57 on light trading volume (0.1× avg).
Summary
Turbo Energy reported strong FY2025 revenue growth and reduced losses, but faces a Nasdaq delisting threat and executed a highly dilutive $5.0 million equity raise to bolster its financial position and maintain its listing.
Key Events · Corporate Governance and Compliance · TURB
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Strong FY2025 Revenue Growth
Total revenue for the fiscal year ended December 31, 2025, more than doubled to approximately $23.46 million, up from $11.31 million in 2024, driven by increased sales of SUNBOX Industry products.
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Reduced Net Loss
The company significantly reduced its net loss to approximately $1.36 million in FY2025, compared to a net loss of $3.92 million in FY2024.
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Nasdaq Non-Compliance and Remediation Plan
On January 12, 2026, Turbo Energy received a Nasdaq notice for non-compliance with the minimum $2.5 million stockholders' equity requirement. The company submitted a compliance plan, which includes raising additional equity and converting approximately €1.2 million ($1.41 million) of debt owed to its parent company into equity, subject to shareholder approval.
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Significant Dilutive Capital Raise
Post-FY2025, between March 11 and April 13, 2026, Turbo Energy raised approximately $5.0 million in gross proceeds through a Registered Direct Offering and an At-The-Market (ATM) program, issuing approximately 7.8 million shares (1.56 million ADSs). This represents substantial dilution for existing shareholders.
Analysis · TURB · Manufacturing
This annual report is important because it reveals Turbo Energy's strong operational performance in FY2025, with revenue more than doubling and net losses significantly reduced. However, these positives are overshadowed by critical financial challenges, including a Nasdaq non-compliance notice and a highly dilutive $5.0 million equity raise post-year-end to address liquidity and listing requirements. The company is actively working to avoid delisting, making this a high-stakes period for investors.
At the time of this filing, TURB was trading at $1.36 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.7M. The 52-week trading range was $0.57 to $20.45. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.